Regulators Strengthen Problem Gambling Measures, Charity Urges Spending Limits In Online Gambling
The deadly pandemic took the lives and economic liberties of many.
The pathogen limited our leisure and entertainment. People can no longer go outside and watch their favorite basketball stars bump their way into the basket. People are afraid of going to movies and eating at their favorite restaurant or food chain because of the deadly virus.
Internet-based businesses became the new trend. People relied on online food and good delivery for their necessities. People were hooked on things that the internet brings through their tablets, mobile phones, and PCs. Subscription to movie streaming platforms increased significantly.
Entertainment became digital. A typical day is not complete without checking comments, shares, and likes on posts on social media sites like Facebook and Instagram.People used to gamble in traditional casinos, and gambling venues found a new outlet to try their luck. Online gambling gained popularity.
There has been an increase in the number of registrations in online casinos all over the globe, and problem gambling advocates projects an increase in the number of problem gamblers as online gambling rises to fame. Governments saw the potential of online gambling as an economic game-changer, and also its risks.
Global campaign on problem gaming
UK government regulators urged gambling company leaders to strengthen their policies that protect people vulnerable to online casino addiction during government lockdowns.
Nigel Huddleston, sports minister of the UK, urged the top five online gambling companies in the territory to review the proposals presented by the Betting and Gaming Council (BGC) in a 10-point pledge and make it stronger.
The minister encourages Bet 365, Ladbrokes owner GVC, SkyBet, William Hill, and Flutter to attach “safer gambling” messages to their advertisements. He wrote in the letter that messages that warn of risks need emphasis to protect potential customers.
The European Gaming and Betting Association (EGBA) recently released its first European code of conduct in responsible advertising of online gambling platforms and content.
The Code of Conduct on Responsible Advertising for Online Gambling lists the essential standards in advertising online gambling-related content. The code aims to protect minors from gambling.
Problem gambling charities around the globe receive help from the gambling industry as they help and support their patients. Recently, the Gambling Commission collected funds amounting to £9 million to be given to charities. GambleAware received the amount which will be directed to ensure continuous treatment and support for problem gamblers.
Problem Gambling Ireland calls for strict measures
The Problem Gambling Ireland charity called chief executives of big-time executives of Paddy Power/Betfair, BoyleSports, Ladbrokes, and other gambling operators to start an initiative because of their fear of the rising number of online gamblers as betting shops remained close.
Barry Grant, chief executive and founder of Problem Gambling Ireland, said that vulnerable people are turning to virtual sports, online slots and casino gambling because live sport is extremely limited at the moment.
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